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India's wholesale inflation in May slowed to 0.39% year-on-year from 0.85% in April, government data showed on Monday.
The Wholesale Price Index (WPI) for All Commodities stood at 154.1 in May, compared to 154.2 in April, showing a ...
But the central bank isn’t popping the champagne either. After front-loading 100 bps rate cuts and slashing the cash reserve ...
WPI inflation fell to 0.39% in May from 0.85% in April due to lower food, fuel, and manufactured product prices.
The report also reflects that, although this marks a moderation from the 8.4 per cent average seen in the previous 2 years, the economy remains on a strong footing.
The annual rate of inflation based on the WPI eased further to a 14-month low of 0.39 per cent in May this year from 0.85 per cent in April and 2.05 per cent in March.
India’s wholesale inflation cooled to just 0.39 per cent in May—its lowest level in 14 months—thanks to declining food and fuel prices. However, experts caution that geopolitical tensions could ...
This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...
The Indian rupee was little changed on Monday as the impact of risk aversion spurred by an escalation of the Iran-Israel ...
WPI inflation declined due to a favourable base, with the food, non-food manufacturing, minerals, and fuel and power segments ...
Possibly. The rupee’s exchange rate is already hovering around 86 to the dollar. If geopolitical risks escalate and oil ...